Absolutely! The numbers are pretty impressive and I was very...

Absolutely! The numbers are pretty impressive and I was very surprised when I saw them in the last quarterly. Plenty of folks were very doubtful about both the projected production numbers and projected costs and I can totally understand why. However, today's announcement tells us that production is pretty much on track. The remaining piece of the puzzle is the costs. I'm hopefully there because,

1) AJM nailed their costs prediction for the last quarter from their December quarterly projection.
2) Production costs are easier to predict when near steady state as opposed to ramp up with the unexpected starts and stops. So predicting costs for this quarter should be easier than the last.
3) Production is near where AJM said it would be, so that should translate to costs.

So quietly optimistic right now. Looking forward to Mastermine's interview of James coming soon.
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The quote from the last quarterly was 'Further with the recent improvements in production volumes, Altura plans to dispatch a minimum of two (2) shipments of 8,000 dmt per month for the remainder of the 2019 calendar year.'

So the 56kt figure you mention is likely derived from the above plus the late shipment from last quarter. Seems like that last late shipment is included in the statement above, so 56kt will not be reached. Looks more like 45kt if they can squeeze it all into the quarter (I don't think they will). I'm not too concerned with this however. I'm far more concerned with the monthly output and quarterly costs. At near 16kt/month in May, that's 48kt/quarter run rate and improving. All output is ultimately sold. End of quarter, I'll be looking at the total production divided by quarterly costs and not so much on if its all been shipped.

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